Photo of Chinese Ministry of Commerce spokesman Gao Feng

Hopes Rise That Lifting Tariffs Could Allow US-China Accord

BEIJING — Prospects appear to have brightened for a preliminary breakthrough in the U.S.-China trade war after the two sides agreed to reduce some punitive tariffs on each other's goods as part of an initial agreement. A Chinese spokesman announced the deve...
Photo of a woman examining washers

US Durable Goods Orders Fall 1.1% in September

WASHINGTON — Orders to U.S. factories for big-ticket manufactured goods tumbled in September by the largest amount in four months while a closely watched category that tracks business investment fell for a seco...
Photo of container ships

US Economy Slowed to 2.1% Growth in Second Quarter

WASHINGTON — The U.S. economy slowed sharply in the April-June quarter even as consumers stepped up their spending. The gross domestic product, the economy's total output of goods and services, grew at a 2.1% annual rate last quarter, down from a 3.1% gain ...